There is a lot of buzz around Artificial Intelligence today. Since the last two years we have seen a rise in the number of platforms, tools, and applications based on artificial intelligence. The development of such technologies had massive impacts on the software & internet industries. In the coming year, we will witness many more advancements in the field of machine learning and AI. Techies are hopeful that 2021 will lay the foundation of many more marvels in the field of AI.
Artificial Intelligence has huge effects in sectors like manufacturing, automobile, healthcare, agriculture, etc. AI has quite literally revolutionized the functioning of industries globally. Experts suggest that the future of AI is big & bright as tech giants like Apple, Google, Amazon, Facebook, Microsoft, IBM, and many others are investing generously in R&D.
Here are the top 5 AI trends in 2020 you need to look out for
Efforts are being made across the globe to bring consumers closer to AI. Especially, the outbreak of Covid-19 has bolstered the need for Artificial Intelligence for companies to carry out their operations. Since most IT-based organizations are currently operating on remote/work from home set-up, the need for AI application in business is reinforced. The security measure, data tracking, data management, etc. all require AI techniques for smooth functioning without any manual interventions.
Deep learning
Have you heard of Deep learning before? Well, Deep learning is a form of Artificial Intelligence, which helps you to develop algorithms known as artificial neural networks by imitating the structure & functioning of the human brain. A few examples where Deep learning forms of AI are used are autonomous vehicles, automatic text generation, and computer vision.
Privacy and Policy
AI technology can also be applied for data privacy and protection. The year 2020 has privacy and protection as the talk of the town. Conversations around privacy & policy are increasing and the use of information in the Digital world is yet to be completely understood. Since these are newer technologies, so the rules & regulations around them are new as well. When we browse the Internet, most of the time we are not even aware of how our data is stored and further used. A huge chunk of such minute digital information gets lost in the fine print and common people do not even get a hint about it. Facebook’s Privacy policy issue is an example in this case. Across the globe, nations are working towards initiatives & strategies for transparent guidance on AI regulation.
AI-enabled Chips
Artificial intelligence relies heavily on specialized processors. AI-enabled chips are optimized for particular utilization which further performs tasks like speech recognition, computer vision, and natural language processing. Applications developed in the healthcare sector, automobile industries will be using such AI-enabled chips to provide intelligent data to end-users. Chip manufacturers like NVIDIA, ARM, Intel, AMD, and Qualcomm are working on specialized chips for making the execution of AI-enabled applications much faster. Such AI-enabled chips will also make advanced databases operate faster on predictive analysis and query processing.
Facial Recognition
Facial recognition is a form of AI application that helps to identify a person basis their facial patterns & features. In 2020, we have already witnessed a massive surge in the use of facial recognition technology. The best example here is iPhoneX’s s feature to have facial recognition as a password. This technology can have multiple implications owing to its non-invasive and simple application. It could be used for storing biometric data, detecting criminals, medical procedures, among others.
Cloud
Top leaders in the tech industry suggest that cloud AI is the mother of all artificial intelligence trends. The biggest public cloud providers will have a huge growth this year, given the current situation. Reputed mega cloud leaders like Amazon Web Services, Oracle, IBM, Google, Microsoft, and many others are predicted to expand with the speed of light. Cloud Computing will offer businesses across the globe, agility, flexibility, and reduced costs even if they do not have the capacity of spending huge amounts of money.
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